Skip to main content

About your Search

20130201
20130228
Search Results 0 to 6 of about 7
, yes, strutting its stuff, but how luxury brands are faring. we talk to ceo angela aarons. we'll hear from her later in the show. >>> and taking the positive u.s. housing numbers from the nhab numbers. we'll be in new york with analysis at 11:45 cet. >> the italian election race is heating up. there is less than a week before voters head to the polls. comedian turns politician beppe grillo, in fact, is owes closing in on sylvia berlusconi for second place. official polls can no longer be published. the private polls seen by reuter s suggest mario monti may, in fact b with be something of a spoiler. >> and the election largely coming down to five key candidates. the front-runner is bersani. he's the leader of the center left pd party, calling for growth measures alongside monte's plan. sylvia berlusconi is threatening to make a political comeback despite corruption scandals. we've mentioned the comedian beppe grillo. at the same time, the former caretaker mario monti, he's been struggling to gain ground in his first ever political campaign. and then last, not necessarily least, there's
. mario monti says german chancellor angela merkel doesn't want italy's center left party to win the elections this weekend. the outgoing prime minister said merkel feared a consolidation of parties from the left, especially in an election year for her. the german leader has so far refrained from commenting on the election. what does all of this mean? julia joins us now from milan. julia, i have to confess, i don't really understand what monti's point is here. >> well, you know, we have to give it a bit of context, kelly. this was in response to something berlusconi said about the possibility that mario monti had already signed an agreement with the democratic left party, the democracy party mr. bersani with the agreement with angela merkel. i don't think mario monti has hidden the fact that he's concerned about the influence, particularly the power of the union on the democratic party. if we look on the german side, the foreign minister said what they want ultimately is a party that's going to continue with the reforms, that's going to continue with the fiscal consolidation. i'm
are repayments, repayments scheduled, the election in germany and we all know, i believe that angela merkel will be re-elected, but those are the sort of big things that i'm looking at to see how the markets will react. >> let me switch gears to ask you your take on the banking sector. i know you're on the board of barclays so i'm not asking to give away any secrets here, but there's a real movement across the world to split up some of these banks. how do you think this is going to go? are you expecting a global standard when it comes to the financial services sector? what's your take on how the major banks change the course of business in the coming years? >> well, maria, i'm sure you're aware that, obviously, i have restrictions about what i can say, but i think that the story in general since 2009 has been one of global standards. i know christ ianella guard has spoken about this going back to the g-20. a lot of discussion about coming together. there's a lot of conversations going on in the background that are aiming to have some convergence around these issues. remember, these economie
is napolitano is supposed to be meeting with angela merkel for lunch today, i believe. >> no clowning around at that lunch. >> well done. i wish i were a fly on the wall for that one. >> it does make things extremely awkward ahead of that meeting. >> there's nothing quite like, you know, all the stereotypes that people talk about. there's nothing quite like when somebody comes out and proves stereo typical -- >> confirms that sense, contactually. >> mario draghi indicated his intention to keep the euro going, saying we are far from having an exit in mind. >> at this point in time, economic policy remains cognitive because we are far from being in a situation where we can actually start having an exit in mind. we see that inflationary expectations are very well anchored. if anything, inflation is going down. and we foresee for next year a significantly an inflation which is significantly lower than 2%. >> if we're going to see inflation significantly below 2%, it's being suggested there's room for them to do more, isn't he? >> possibly. i think for the most, the ecb, i think everything more o
on the american embassy. vice president biden is in europe. he met angela merkel today. he now heads to a major security conference by chance in munich with dozens of heads of state and 70 defense and foreign ministers. that will be key. the situation in turkey as it is with iran, may upgrade nuclear facilities and he'll also meet syrian opposition leaders. a lot going on in terms of defense and politics. let me mention one more to you. today it was announced gili is taking over that manufacturing base for just $17 million. carl, it's what they call the third wave of globalization where former emerging or developing economies -- india and china -- now come back into the main stream, into western europe or america and buy those branded assets. in particular of course land rover bought by the indians. back to you. >> all i know is great leg room. you got a lot of leg room in those. >> more expensive i'm afraid. >> good weekend, simon. >> you too. >> let's check on energy and commodities. sharon epperson has a lot of news today. >> there is a lot of news. there's a lot of correlation too between w
in italy said he was shaken by the news, while the chancellor angela merkel said she respects his decision. and david cameron sending his wishes. it comes in a meeting this morning, he announced this decision to leave the papacy at the 28th of february at 8:00 at night. it was a decision made without consulting anyone. there was a lot of surprise. and also, the spokesman, when he made a speech -- or when he had a press conference just a few hours later, he said, you know, we need some time, we need some days to try to better understand how to move forward. just to better understand what's going to happen afterwards, is that there will be a conclave of 118 cardinals that will be electing the new pope. so clearly what happens between now and then, really, is that the pope will continue doing what he has done so far. his decision was unexpected. and the way he announced it was very, very simple. he said he doesn't feel he has the strength, mental and physical and spiritual, to move forward in this position. he needs the physical strength that he does not have. he has been ill. his health has
today with angela merkel. this is one election reverb rating and causing problems for policymakers. >>> more broadly, take a look at the italian markets. it is the red spot. down 0.4%. this has been key to trade both with the euro and generally with u.s. features futures this morning. so down about 0.4%. it was down about 0.6%. at those levels, you started to see u.s. futures turn negative. it looks like we're going to be able to hold up here. german unemployment data only that and can cpi data, the main releases this morning. german unemployment adjusted at 6.9% held steady in january. the cpi fell on the month but was up 2% year on year. it's spurring talks about a rate cut. quick look at the bond space next, this is where where he watch for policy cues. we're seeing a rally. we're seeing yields slightly lower. no real signs of concern emanating from here this morning. turn quickly to forex and the euro/dollar which was trying to continue to hold its ree bound, that's not the euro/dollar. we are at 1.5186 for sterling/dollar. sorry. we're over here at 1.3109. giving up about 0.2%
Search Results 0 to 6 of about 7